Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apollo Group Inc. (NASDAQ: APOL), Ambac Financial Group, Inc. (NYSE: ABK), Discovery Laboratories Inc. (NASDAQ: DSCO), General Electric Co. (NYSE: GE), Google Inc. (NASDAQ: GOOG), Baidu, Inc. (NASDAQ: BIDU), Mattel, Inc. (NASDAQ: MAT), National Bank of Greece SA (NYSE: NBG), Seagate Technology plc (NASDAQ: STX), and Western Digital Corp. (NYSE: WDC).
Apollo Group Inc. (NASDAQ: APOL) is seeing a slight drop after yesterday’s monumental drop. Shares are down 0.9% at $37.66.
Ambac Financial Group, Inc. (NYSE: ABK) moved again last night after the close and is holding with 6% gains at $1.01 based on continued hopes that the Bank-Mortgage fraud fears will help the insurers recovery lost money.
Discovery Laboratories Inc. (NASDAQ: DSCO) is only a penny stock but is up after it announced the completion of Phase IIa in a study of aerosolized KL4 surfactant in cystic fibrosis. Shares were up as much as 20% and now ‘only’ 11% at $0.24 because of the penny increments.
General Electric Co. (NYSE: GE) is down 2.3% at $16.76 on active volume in the pre-market after its earnings were deemed to be short.
Google Inc. (NASDAQ: GOOG) is soaring after it beat earnings expectations. Shares are up close to 10% at $598.00 on active trading. Baidu, Inc. (NASDAQ: BIDU) is following Google up this morning, and shares are indicated up over 3% at $101.25 in the pre-market.
Mattel, Inc. (NASDAQ: MAT) is trading lower so far after earnings; shares are down over 6% at $22.39 on active volume for the stock before the open.
National Bank of Greece SA (NYSE: NBG) is indicated up after indications are out that the interbank may open up for Greek banks. Shares were up as much as 6% per ADR here and the stock is now up 4% at $2.35 in the pre-market on active trading.
Seagate Technology plc (NASDAQ: STX) is soaring on word that an indication of interest has been shown to the company in a possible go-private transaction. Shares are up nearly 19% at $15.08 on very active trading. Western Digital Corp. (NYSE: WDC) is its key US competitor and its shares are also up 8% at $32.00 in active pre-market trading.
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JON C. OGG
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